ALPINE AVE (M-37) - PRIME 4.18 VACANT COMMERCIAL CORNER

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30613520
Property Subtypes: Office, Retail, Other, General
Gross Land Area: 4.18 Acres
Sale Price: $839,900
Unit Price: $200,933 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

Prime Commercial Corner on Alpine Ave (M-37) with 4.18 Vacant Acres at the SW Corner of Vitality Dr. Offers 363' of high visible frontage on Alpine Ave with 500' of depth on Vitality Dr. There is an ingress/egress easement for Alpine Ave from neighboring property Gerber Collision and up to 2 curb-cut drives would be allowed on Vitality. Property lays fairly level with about 2-3 feet above street grade. Last vacant lot in a Planned Development District that provides all utilities and off-site retention There is a pile of top soil on the property that will remain.

Located in a growing MDOT Corridor with a daily traffic count over 25,000 vehicles. Several new and established businesses in the area including Fox Motors, Tractor Supply Inc, Sunbelt Rentals, Citco Gas/Convenience Store (formerly Meijers), Wendy's Restaurant, Gerber Collision, Circle K Gas/Convenience, etc.

See Attachments and Media (below) for the Survey and the C-2 Commercial Zoning Ordinance for permitted uses and restrictions.

Financials

Finance Data Year 2020
Assessed Value - Total($) $194,200 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Alpine Corridor
Taxing Authority: Alpine Township
Tax ID/APN: 41-09-23-276-008
Zoning: C-2 COMMERCIAL
Property Located Between: 6 Mile Rd and 7 Mile Rd NW
Property Visibility: Excellent
Legal Description: PART OF SE 1/4 NE 1/4 COM AT E 1/4 COR TH N 0D 34M 05S E ALONG E SEC LINE TO N LINE OF S 874.70 FT OF SE 1/4 NE 1/4 TH N 89D 26M 03S W ALONG SD N LINE 192.0 FT TO W LINE OF ALPINE AVE & TO BEG OF THIS DESC - TH N 89D 26M 03S W ALONG SD N LINE 500.0 FT TH N 0D 34M 28S E 363.94 FT TO S LINE OF N 86 FT OF SE 1/4 NE 1/4 TH S 89D 25M 42S E ALONG SD S LINE 500.0 FT TO W LINE OF ALPINE AVE TH S 0D 34M 28S W 363.88 FT TO BEG * SEC 11 T8N R12W 4.18 A
Largest Nearby Street: 7 Mile Rd NW
Traffic/Vehicle Count: 25,100
Highway Access: M-37 (Alpine Ave) Fronts Property with 363'
Airports: Gerald R Ford International Airport & Muskegon Airport
Site Description: This Property is part of a Planned Development District with water, sewer, storm water, drainage and retention. Over-all site lays a couple feet above street grade but level and on a corner and therefore offers great visibility and access. There is a pile of top soil on the property that will remain and be included in the sale.
Area Description: DIRECTIONS: N of I-96 on Alpine Ave (M-37) about 3-4 blocks South of 7 Mile Rd, W side of M-37.
Lot Frontage: 363'
Lot Depth: 500'
Zoning Description: C-2 Commercial - Alpine Township Municipality
Part of Planned Development?: Yes
Development Name: Pine Acres Development
Topography: Level
Easements: Ingress/Egress, Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,086 23,036 80,243
Median Age: 44.27 37.38 38.06
Households: 406 9,236 31,792

Contact

Photograph of Listing Agent

Arnold Grover

Grover Real Estate, Inc.
CARWM Member
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